Which trending stocks are forming orderly pullbacks?
Entry on a break of the previous trading day's high. Stop below the deepest pullback low. Fund managers like to trap pullback traders by triggering a pullback entry, so ignoring a first thrust can often lessen risk.
ERJ Embraer SA
FEYE FireEye Inc
OSUR Orasure Technologies
PRGO Perrigo Co plc
ZAYO Zayo Grp Hldgs Inc
Entry on a break of the previous trading day's low. Stop above the deepest pullback high. Fund managers like to trap pullback traders by triggering a pullback entry, so ignoring a first thrust can often lessen risk.
EFX Equifax Inc
SBNY Signature Bank
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.